ANGLO AMERICAN CROP NUTRIENTS LIMITED

1. ANGLO AMERICAN CROP NUTRIENTS LIMITED 2022-04-06 → present
2. ANGLO AMERICAN WOODSMITH LIMITED 2020-03-18 → 2022-04-06
3. SIRIUS MINERALS LIMITED 2020-03-17 → 2020-03-18
4. SIRIUS MINERALS PLC 2010-09-28 → 2020-03-17
5. SIRIUS EXPLORATION PLC 2005-03-22 → 2010-09-28
6. SIRIUS EXPLORATION LIMITED 2004-07-16 → 2005-03-22
7. SIRIUS EXPLORATIONS LIMITED 2003-12-09 → 2004-07-16
8. CHARCO 935 LIMITED 2003-10-30 → 2003-12-09

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“These financial statements have been prepared on a going concern basis. The Group continues to incur significant cash outflows due to the delivery of the Woodsmith Project. At the year end, the Group had net liabilities of $3,026.0m and the Company had net assets of $55.0m. The Company and the Group does not currently anticipate generating any positive net cash flows from the project for a number of years. All cash outflows are paid through the Group but ultimately funded through an intercompany financing agreement with the wider Anglo American plc Group. Therefore, the Company and the Group's ability to continue as a going concern for at least 12 months from the date of signing is dependent upon it continuing to receive funding from the wider Anglo American plc Group. The Anglo American plc Group has publicly announced its intention to continue the development of the Project and accordingly is expected to make funds available to the Group to carry on the Project's development for the foreseeable future and to meet its debts as they fall due. The Directors have received confirmation from the Anglo American plc Group ("AA plc") that AA plc will provide adequate financial support to the Company and the Group to meet their obligations for a period of at least 12 months from the date of signing the Group's statutory financial statements for the year ended 31 December 2024. Based on the above, the Directors consider it appropriate to adopt the going concern basis of accounting in preparing these financial statements.”

Group structure

1. ANGLO AMERICAN CROP NUTRIENTS LIMITED · parent
   1. Anglo American Woodsmith Limited 100% · England · Project development
   2. Anglo American Woodsmith (Teesside) Limited 100% · England · Project development
   3. Sirius Minerals Holdings Limited 100% · England · Holding company
   4. YPF Limited 100% · England · Dormant
   5. SACH 1 Limited 100% · England · Intercompany financing
   6. SACH 2 Limited 100% · England · Intercompany financing
   7. Sirius Minerals Finance Limited 100% · Jersey · Financing
   8. Sirius Minerals Finance No.2 Limited 100% · Jersey · Financing
   9. Auspotash Corporation Limited 100% · Canada · Dormant
   10. Anglo American Crop Nutrients (USA) LLC 100% · USA · Employee payroll
   11. Anglo American Crop Nutrients (Singapore) 100% · Singapore · Employee payroll
   12. Anglo American Crop Nutrients (India) Private Limited 100% · India · Employee payroll
   13. Anglo American Europe B.V. 100% · Netherlands · Marketing
   14. Anglo American Woodsmith MTS3 Limited 100% · England · Other service activities

Significant events

• “The current reduced pace of construction will result in an extended development schedule which resulted in an impairment trigger identified in July 2024, as a result of this, an impairment charge of $1,712.5 million was recognised in 2024 to the carrying value of the asset within 'impairment of non-current assets'.”
• “Following the 31 December 2024, Anglo American Europe B.V. ownership has been transferred from Anglo American Crop Nutrients Limited to Sirius Minerals Holdings Limited and ownership of Sirius Minerals Finance No.2 Limited has been transferred at book value from Sirius Minerals Holdings Limited to Anglo American Crop Nutrients Limited.”
• “Following the 31 December 2024, YPF Limited's ownership has been transferred at book value from Anglo American Woodsmith Limited to Anglo American Crop Nutrients Limited.”
• “Prior to the year ended 31 December 2024, the Company is deemed to have received distributions as a result of the surrender of tax losses within the UK tax Group for nil consideration. The Company has become aware of circumstances where such distributions may have taken place otherwise than in accordance with UK company law as a result of the distributing company not having an appropriate level of distributable reserves.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +80%

  £370,645 → £667,161

• Cash

  -63.2%

  £21,571,534 → £7,931,801

• Net assets

  -111.5%

  -£1,060,711,638 → -£2,243,143,069

• Employees

  -4.5%

  332 → 317

• Operating profit

  -3,402.6%

  -£37,657,524 → -£1,318,977,020

• Profit before tax

  -2,973.4%

  -£42,994,811 → -£1,321,423,277

• Wages

  +21.1%

  £33,061,527 → £40,029,652

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers